A board member’s reporting of suspected corporate financial malfeasance to the SEC is protected from litigious retaliation by Illinois’ Citizenship Participation Act, but reporting it to shareholders is not. Ditto Holdings, Inc. is a private shareholder-owned corporation whose sole subsidiary is Ditto Trade Inc., an online retail stock trading company.…
Chicago Business Litigation Lawyer Blog
Illinois Court Refuses to Blue Pencil Non-Compete Agreement
If an Illinois employer drafts a post-employment restrictive covenant that is impermissibly overbroad, it cannot expect a court to modify it and enforce it, as a recent Third District appellate case illustrated. Brian S. joined Deere Employees Credit Union (DECU) in 2009 as an investment advisor at its main branch…
Oracle and Google Trial Continues with Testimony for the Key Witnesses — Chicago Trade Secret Lawyer
Some people claim that nothing is unique. That everything we come up with has already been done by many others and will be done again. But there’s a difference between great minds think alike and someone repeating something they’ve seen someone else do. Copyright law exists to protect creative ventures…
Partner Must Show Damages for Breach of Fiduciary Duties to Recover in a Lawsuit — Chicago Shareholder Rights Lawyer — Chicago Business Oppression Attorneys
A plaintiff seeking to recover on a breach of fiduciary duty claim against a business partner must be able to show more than just evidence of his partner’s bad conduct, but must also demonstrate that he suffered measurable damages as a result of the conduct. For almost a decade, JAP,…
Supreme Court Sends Statutory Claim Back to Appellate Court to Determine if Intangible Injury Requirement For Article III Constitutional Standing Can Be Met
In the court system of the United States, it is possible for plaintiffs who have not suffered a measurable injury but have suffered an intangible injury such as invasion of privacy or loss to reputation or humiliation to file a lawsuit against another party. This means even if the plaintiff…
Wood Pulp Found in Parmesan and Romano Cheese Leads to Class Action Suits
Americans love our convenience, but it often comes with a cost, even when we’re not aware of it. One example of the ways in which food manufacturers have catered to this desire for convenience is by selling pre-grated parmesan cheese so that it’s ready to go straight from the grocery…
North Carolina Courts Are Forbidden To “Blue Pencil” An Unenforceable Non-Compete
If you need to ask whether or not you can do a certain thing, the answer is probably no. When Thomas Dotoli and his wife drafted a contract to sell their companies to their daughter-in-law, Cheryl, they included a clause that allowed a court to modify the non-compete agreement if…
Fissures in Media Empire Exposed By Redstone Trial — Chicago Corporate Oppression Attorney Near Hinsdale
It’s almost always newsworthy when a friend or family member of a wealthy celebrity publishes a “tell all” book or files a lawsuit against the celebrity in question or against other people close to the celebrity. But all this gossip has to be taken with a grain of salt, especially…
University of Kentucky Tries to Stop Use of Kentucky On Bourbon Makers Hats and T-Shirts
Sports teams often make more money from the merchandise and apparel they sell, stamped with the team name and logo, than they do tickets to games. As a result, it makes sense that they have a vested interest in protecting the right to put their name and logo on clothing…
Be Careful When You Buy a Used Car From a Sub-Prime Auto Dealer
Our Chicago automobile fraud and Lemon law attorneys near Lombard, Lisle and Elmhurst have experience representing victims of odometer roll backs, title washing, fake or improper certifications of rebuilt wrecks and other used car scams. We bring individual and class actions suits for defective cars with common design defects…